The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified – Details, episodes & analysis

D.A. Wallach of Time BioVentures joins Nick to discuss From Touring with Lady Gaga, Blink‑182, and Pharrell Williams to investing in Spotify, SpaceX, and Ripple… How an Artist Went from Tastemaker to Transformative Healthcare VC. In this episode we cover:

• Transition from Music to Tech Investing
• Investing in Tech and Healthcare
• Lessons from the Music Industry
• Healthcare System and Policy
• Value-Based Care and Functional Medicine
• Creative and Tech Talent

Guest Links:

• D.A.’s LinkedIn
• D.A.’s X
• Time BioVentures’ LinkedIn
• Time BioVentures’ Website

The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

Want to keep up to date with The Full Ratchet? Follow us on social.

You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

On this special segment of The Full Ratchet, the following Investors are featured:

• Laura Chau
• Jon Terbell and Ted Clark
• Mathias Schilling

We asked guests to share the best question they've ever been asked by an allocator.

The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

Want to keep up to date with The Full Ratchet? Follow us on social.

You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

Casber Wang of Sapphire Ventures joins Nick to discuss How AI Reshapes Distribution Models, What Startups Get Wrong About Product-Led Growth, and the Real Use Case for Agents. In this episode we cover:

• AI's Impact on Business Models and Capital Efficiency
• Defensibility and Product Market Fit
• AI Fatigue and Market Conditions
• Fundraising and Investor Expectations
• Cybersecurity and Competitive Intensity
• AI Agents and Enterprise Value
• Glean's Success in Enterprise Search
• Market Conditions and Investment Strategy

Guest Links:

• Casber’s LinkedIn
• Casber’s Twitter/X
• Sapphire’s LinkedIn
• Sapphire’s Website

The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

Want to keep up to date with The Full Ratchet? Follow us on social.

You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

Rick Heitzmann of First Mark joins Nick to discuss Building First Mark, A Leading VC in NYC, Will New York Overtake the Bay Area, Insights on Unicorn Selection from a Perennial Midas List Investor, and Why Remote Work can Ruin Great Startups. In this episode we cover:

• Consumer Investing
• Investing in DraftKings Despite Regulatory Risks
• AI's Impact on SaaS Development and Deployment
• AI and GLP-1 Impact on Quality of Life
• Evaluating Entrepreneurs' Potential for Success

Guest Links:

• LinkedIn
• X
• First Mark

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

Want to keep up to date with The Full Ratchet? Follow us on social.

You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Katelin Holloway of Seven Seven Six joins Nate to discuss The Question that Every Investor Should Ask, Teasing out the Characteristics of Generational Founders, and Recruiting Lessons from 1000+ Interviews. In this episode we cover:

• HR Tech Development and Investment
• Changing Dynamics in the Venture Capital Industry
• Identifying Strong Founders, Through Talent Identification and Instinct vs. Data-Driven Approach
• Evaluating Startup Founders and Products Using a Standardized Scorecard System
• Assessing Founders' Integrity and Delivery on Promises
• Important Questions to Ask Founders During Investment Meetings
• Common Hiring Mistakes Founders Make, Overhiring, Not Pacing Hiring, and Hiring Too Senior

Guest Links:

• LinkedIn
• X
• Seven Seven Six

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

Want to keep up to date with The Full Ratchet? Follow us on social.

You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

On this special segment of The Full Ratchet, the following Investors are featured:

• Adrian Aoun
• Semyon Dukach
• Rob Rueckert

We asked guests to share the best question they've ever been asked by an allocator.

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

Want to keep up to date with The Full Ratchet? Follow us on social.

You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Ambar Bhattacharyya of Maverick Capital joins Nick to discuss Healthcare Deep Dive – How AI and GLP-1 Megatrends Affect the Industry, Why Specialities Need to be Integrated, and Insights on Bundling vs. Unbundling. In this episode we cover:

• Healthcare Trends, Including High Deductible Health Plans and Cash Pay Models
• US Halthcare System, Incentives for Preventative Medicine, and Potential for Value-Based Outcome-Oriented Systems
• AI Adoption in Healthcare, Including Adoption and Risks
• The Future of Healthcare Technology, New Codes, and Credentialing Process
• Healthcare, Aging, and End-of-Life Care

Guest Links:

• LinkedIn
• X
• Maverick

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

Want to keep up to date with The Full Ratchet? Follow us on social.

You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

On this special segment of The Full Ratchet, the following Investors are featured:

• Larsen Jensen
• Alex Edelson
• Tomasz Tunguz

We asked guests to discuss the factor that could cause the most disruption to the industry going forward and how that will change the next decade of venture.

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

Want to keep up to date with The Full Ratchet? Follow us on social.

You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Jake Yormak of Story Ventures joins Nate to discuss Why Hardware is Attractive, The Most Interesting Areas in AI Outside of GenAI, and the Modern Data Stack. In this episode we cover:

• Concentrating on Early-Stage Companies with Potential for Growth
• Investing in Hardware Companies, Challenges and Opportunities
• Focusing on Power Law Outliers
• AI Commoditization, Impact on Profit Pools, with a Focus on Computer Vision and Proprietary Data
• AI in Workflows, Incentivizing Users to Contribute Context

Guest Links:

• LinkedIn
• X
• Story Ventures

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

Want to keep up to date with The Full Ratchet? Follow us on social.

You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!